Understanding the financial year of a company is crucial for accurate financial reporting and compliance. Section 2(41) of the Companies Act, 2013, defines the financial year and sets the standard for its determination. This article delves into the reasons companies may choose to change their financial year, the process involved, and the compliance steps required. […]
Explore importance of validating Show Cause Notices and Orders under CGST Act. Learn about time limits, authenticity, case laws, and key provisions for a robust understanding
MCA in India has introduced a revolutionary tool to simplify and expedite company incorporation process – SPICE+ (Simplified Proforma for Incorporating Company Electronically Plus) form.
Explore Dlhi High Court ruling on refund applications. Learn why court held that absence of authenticated documents alone is not sufficient grounds for rejection. Find out the implications for taxpayers.
Explore impact of Equalization Levy (EL) on specified services. Learn about rates, responsibilities, due dates, and consequences for non-adherence. Stay compliant with EL regulations
Time of Supply under CGST Act, 2017: Learn about forward and reverse charges, invoicing, and specific cases for goods, services, vouchers, and more.
Learn how to file a GST appeal to First Appellate Authority under section 107 of CGST Act, 2017. Understand time limits, pre-deposit requirements, grounds of appeal, and more.
Explore the impact of removing Section 36(1)(va) for employer contributions under Section 43B. Learn how it affects Provident Fund, ESI, and the call for equitable tax treatment.
Explore Calcutta High Court’s landmark judgment on fundamental right to a dignified life for convicts. Analysis of the case and its implications.
The article provides an in-depth understanding of provisions related to maintenance of cost records and applicability of cost audit under Companies Act, 2013.
